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  • 01-62 Columbus Day: Trade Date — Settlement Date Schedule

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    Trade Date—Settlement Date



    Internal Audit
    Legal & Compliance
    Municipal/Government Securities
    Trading & Market Making

    Holiday Trade Date — Settlement Date Schedule

    Columbus Day: Trade Date—Settlement Date Schedule

    The schedule of trade dates-settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 8, 2001. On this day, The Nasdaq Stock Market and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed.

    Trade Date Settlement Date Reg. T Date*
    Oct. 2 Oct. 5 Oct. 9
    3 9 10
    4 10 11
    5 11 12
    8 11 15
    9 12 16

    Note: October 8, 2001, is considered a business day for receiving customers' payments under Regulation T of the Federal Reserve Board.

    Transactions made on Monday, October 8, will be combined with transactions made on the previous business day, October 5, for settlement on October 11. Securities will not be quoted ex-dividend, and settlements, marks to the market, reclamations, and buy-ins and sell-outs, as provided in the Uniform Practice Code, will not be made and/or exercised on October 8.

    * Pursuant to Sections 220.8(b)(1) and (4) of Regulation T of the Federal Reserve Board, a broker/dealer must promptly cancel or otherwise liquidate a customer purchase transaction in a cash account if full payment is not received within five business days of the date of purchase or, pursuant to Section 220.8(d)(1), make application to extend the time period specified. The date by which members must take such action is shown in the column titled "Reg. T Date."